“mscorlib.pdb not loaded” yet the mscorlib.dll is NOT missing

Question

I am running my application in VS2012 and I am getting a runtime error;

When I

Answer 1

I had this issue when I was using a static variable, whose value is assigned off a static method.

So, whenever I ran the application, this line of code threw exception. If you place a debug point on this (like I did), you will notice the exception being thrown.